India's second-largest retail pharmacy chain Medplus Health Services Limited IPO is set to open on Dec 13th. The company has fixed a price band of ₹780-796 a share for its ₹1,398 crores initial share sale.
Founded in 2006, Medplus Health Services Limited is the second-largest pharmacy retailer in India in terms of revenue and number of stores. Medplus offers a wide range of products, that can broadly be categories under:
Pharmaceutical and wellness products like medicines, vitamins, medical devices
Fast-moving consumer goods such as home and personal care products like toiletries, baby care products, soaps, and detergents, and sanitizers